SEC Proposes Rule Changes to Prevent Misleading or Deceptive Fund Names
Washington D.C. — The Securities and Exchange Commission this week proposed amendments to enhance and modernize the Investment Company Act “Names Rule” to address...
Aitana Vargas’s exposé on Hadari Oshri nominated for journalism award
AN IMPORTANT NOTE: On June 22, 2021, Hadari Oshri –Marc Lubaszka’s business partner– filed a civil harassment restraining order (CHRO) against Investor News reporter...
Panama Intermediaries Each Sentenced to 36 Months in Prison for International Bribery and Money Laundering Scheme
Two brothers, each a dual-citizen of Panama and Italy, were each sentenced to 36 months in prison for laundering $28 million in a bribery...
SEC Charges Wells Fargo Advisors With Anti-Money Laundering Related Violations
Washington D.C. — The Securities and Exchange Commission today announced charges against Wells Fargo Advisors for failing to file at least 34 Suspicious Activity...
Allianz Global Investors Agrees to Pay More Than $1 Billion to Resolve SEC Charges
SEC Charges Allianz Global Investors and Three Former Senior Portfolio Managers with Multibillion Dollar Securities Fraud
Washington D.C. — The Securities and Exchange Commission (SEC)...
SEC Obtains Emergency Relief to Halt Pre-IPO Stock Fraud Scheme by Unregistered Broker-Dealer
Defendants, including persons barred from the brokerage industry, allegedly sold shares they didn’t own, and pocketed more than $75 million
Washington D.C. — The Securities...
SEC Extends Comment Period for Proposed Rules on Climate-Related Disclosures, Reopens Comment Periods for Proposed Rules Regarding Private Fund Advisers and Regulation ATS
Washington D.C. — The Securities and Exchange Commission this week announced that it has extended the public comment period on the proposed rulemaking to...
Founders of cryptomining scheme accused of using investments to fund lavish lifestyle
SEC Halts Fraudulent Cryptomining and Trading Scheme
Washington D.C. — The Securities and Exchange Commission this week announced fraud charges against MCC International Corp. (MCC),...
SEC Nearly Doubles Size of Enforcement’s Crypto Assets and Cyber Unit
Washington D.C., May 3, 2022 — The Securities and Exchange Commission today announced the allocation of 20 additional positions to the unit responsible for...
President of Synergy Settlement Services accused of misusing beneficiaries’ funds on golf tournaments and beach parties
Defendants allegedly used funds from deceased beneficiaries’ accounts on golf tournaments and beach parties
Washington D.C., May 2, 2022 — The Securities and Exchange Commission...